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Azimut Exploration Inc V.AZM

Alternate Symbol(s):  AZMTF

Azimut Exploration Inc. is a Canada-based mineral exploration company. The Company holds the mineral exploration portfolio in Quebec. The Company’s projects include Elmer, JB Lithium, JB Nickel and Wabamisk. Its wholly owned flagship Elmer Gold Project is advancing to the initial resource stage in the James Bay region. The Elmer property is located in the central region of the La Grande Subprovince. The property is located five kilometers (km) west of the Billy-Diamond Highway and 60 km from Eastmain, a Cree community on the east coast of James Bay. The Wabamisk property is a 40 km by 10 km gold project located about 70 km south of the Eleonore gold mine (Newmont Corporation) and has a comparable geological context and geochemical signature. Its other key projects include Chromaska, Corne, Doran, Mercator and Pilipas. The Corne property is located within the metasedimentary Opinaca Subprovince (Superior Province), close to the boundary with the Opatica Subprovince.


TSXV:AZM - Post by User

Bullboard Posts
Post by syquanson Feb 05, 2020 8:20pm
219 Views
Post# 30648809

This board is too optimistic

This board is too optimisticThe company will have to do PP they are no stupid, they need to do much more prospecting and drilling. They are not going to risk losing the opportunity to do PP at this price. Large financing for a large drilling program ...if it is too small they are risking couple bad holes to send the shares back to 50 cents and higher dilution. I would rather see them JV the property and have someone else finance the drilling program. Not a buyer at this price...
Bullboard Posts